International

The European Union (EU) recorded a trade surplus of €40.4 billion in the second quarter of 2024, reflecting a decline from the €55.3 billion recorded in the first quarter of the year. According ...

German business morale fell for a third consecutive month in August, a survey showed on Monday, pushing back recovery hopes for Europe’s largest economy. The Ifo institute said its ...

Companies need to do more to get to grips with AI at board level to govern how it is being used and to minimise risks, a top official at Norway’...

Smartphone shipments in the Middle East, excluding Turkey, reached 11.5 million units in the second quarter of 2024, marking a robust 20 per cent year-on-year increase, according to industry analysts Canalys. The company ...

Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unidentified ...

Palo Alto Networks has projected fiscal 2025 revenue and profit exceeding Wall Street expectations, indicating strong demand for its cybersecurity products amid an increasingly complex digital threat landscape. Its shares rose ...

Battery maker Northvolt will shut down and shift development of lithium-metal battery technology from California to its R&D hub in Vasteras, Sweden, the company announced. The decision is ...

A growing number of European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in the coming weeks could delay the ...

A new video game title launched by a Tencent-backed (0700.HK) startup has quickly become the most-played game on a major online platform, highlighting growing interest in Chinese-developed titles. “Black Myth: ...

AMD (AMD.O) said this week it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware ...

Russian pork producers are aiming to capture 10 per cent of China’s pork import market in the coming years from a standing start, seeking to take advantage of trade tensions ...

The benefits of California’s revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, Anthropic said this week. San ...

HSBC (HSBA.L) aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division’s head told Reuters, ...

Action camera maker GoPro (GPRO.O) has announced that it will cut about 15 per cent of its workforce this year, as part of a restructuring plan to reduce operating expenses. ...

BMW (BMWG.DE) is recalling 720,796 US vehicles over concerns of a short circuit, the National Highway Traffic Safety Administration said this week. “An improperly sealed electrical connector on the water ...

The European Commission said this week that it had approved a 5 billion euro ($5.5 billion) German state aid measure to support a new microchip manufacturing plant in Dresden for the European ...

Chanel has bought a 25 per cent stake in high-end Swiss watchmaker MB&F, known for its quirky watch designs, the French luxury house has announced, adding it was part ...

Lebanon’s acting central bank governor has said that his institution was still striving to prevent being placed on a “grey list” of countries under special scrutiny by a financial ...

British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going into the ...

US company executives are talking much more about the upcoming presidential election than they did four years ago as a wider policy rift between candidates Kamala Harris and Donald Trump ...

Donald Trump’s potential White House return has helped spur a flurry of investment in defence-technology startups across Europe, according to eight prominent industry executives and investors. The Republican presidential ...

Eurozone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate cuts from the European Central Bank this year. ...

Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in US fuel inventories provided a floor. ...

Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are increasingly popular. Instant payments allow credit ...